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Option Clearing Corporation
An organization that facilitates the clearing and settlement of options contracts, ensuring their performance.
Stock Options
Contracts that grant the holder the right, but not the obligation, to buy or sell a stock at a specified price before a specified date.
Break-Even Price
The price level at which an investment must reach for an investor to recover their initial investment without making a profit or incurring a loss.
Call Option
A call option gives the holder the right, but not the obligation, to buy an underlying asset at a specified price within a specific time period.
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